China's Ping An Insurance posts 26.4% fall in first-quarter profit

Reuters
25 Apr
China's Ping An Insurance posts 26.4% fall in first-quarter profit

SHANGHAI/HONGKONG, April 25(Reuters) - Ping An Insurance (Group) Co of China Ltd 2318.HK 601318.SS reported a 26.4% decline in first-quarter net profit on Friday.

The Chinese insurance giant's net profit for the three months to March 31 was 27.02 billion yuan ($3.71 billion), down from 36.71 billion yuan a year earlier.

($1 = 7.2857 Chinese yuan renminbi)

(Reporting by Engen Tham, Selena Li and Ziyi TangEditing by David Goodman)

((Ziyi.Tang@thomsonreuters.com;))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10